The coronavirus outbreak hits international air freight forwarding market through a persistent health shock that drags the global economy into a deep recession. In a severe impact scenario, the European air freight forwarding market is expected to contract by 9.1 percent in 2020 compared with the previous year.
Year-on-year change of the air freight forwarding market due to the coronavirus outbreak in 2020, by region and scenario*
* The actual impact assumes: a suppression of the pandemic in the next four to six months; manageable supply and production shocks and temporary daily life restrictions.
The severe impact assumes: an extended epidemic throughout this year and next year and a significant drop in demand and supply that will lead to a financial crisis in the second half year of 2020.
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Transport Intelligence. (April 29, 2020). Year-on-year change of the air freight forwarding market due to the coronavirus outbreak in 2020, by region and scenario* [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1115406/year-on-year-change-air-freight-forwarding-market-worldwide/
Transport Intelligence. "Year-on-year change of the air freight forwarding market due to the coronavirus outbreak in 2020, by region and scenario*." Chart. April 29, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1115406/year-on-year-change-air-freight-forwarding-market-worldwide/
Transport Intelligence. (2020). Year-on-year change of the air freight forwarding market due to the coronavirus outbreak in 2020, by region and scenario*. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1115406/year-on-year-change-air-freight-forwarding-market-worldwide/
Transport Intelligence. "Year-on-year Change of The Air Freight Forwarding Market Due to The Coronavirus Outbreak in 2020, by Region and Scenario*." Statista, Statista Inc., 29 Apr 2020, https://www.statista.com/statistics/1115406/year-on-year-change-air-freight-forwarding-market-worldwide/
Transport Intelligence, Year-on-year change of the air freight forwarding market due to the coronavirus outbreak in 2020, by region and scenario* Statista, https://www.statista.com/statistics/1115406/year-on-year-change-air-freight-forwarding-market-worldwide/ (last visited December 21, 2024)
Year-on-year change of the air freight forwarding market due to the coronavirus outbreak in 2020, by region and scenario* [Graph], Transport Intelligence, April 29, 2020. [Online]. Available: https://www.statista.com/statistics/1115406/year-on-year-change-air-freight-forwarding-market-worldwide/
